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#1 26-07-2016 11:13:08
- johnedward
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EUR/AUD: long position is Morgan Stanley's trade of the week
EUR/AUD: long position is Morgan Stanley's trade of the week
Morgan Stanley recommends buying EUR/AUD this week.
The bank recommends buying EUR/AUD from now until Australia's inflation figures for Q2, which are expected to decline. This would in effect increase the odds of a rate cut by the RBA.
Buy the EUR/AUD and aim for 1.52 with a stop loss at 1.44.
"Anything worth having is worth going for - all the way." - J.R. Ewing
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Pages: 1
- Index
- » Analyses / Forecasts (by major banks and brokers)
- » EUR/AUD: long position is Morgan Stanley's trade of the week